Wipro terminates 300 employees for moonlightingWIPRO - 423 Change: 4.35 (1.04 %)
Wipro terminated 300 employees after it discovered that they were working for competitors while still on the company’s payroll.
This is in line with its chairman Rishad Premji’s view that he considers moonlighting as violation of integrity and breach of trust. We do not know which level of employees were terminated but our guess is majority of them could be at the lower end of the pyramid. We believe this is a step in the right direction as it is a clear message now for others who are not yet caught to concentrate on their current job, which is expected to improve efficiency in the system in the long run.